Student loans and allowances

Domestic students can apply for Student Loans and Student Allowances.

Studylink pays Student Loans and Student Allowances.

If you wish to apply for Student Loan and/or Student Allowance, we recommend that you apply for your Student Loan and/or Student Allowance two months before your study starts. This will allow you plenty of time to receive your Student Loan or Student Allowance on time, and ensure your fees are paid on time.

It is your responsibility to manage your StudyLink application. Please advise StudyLink of any changes to your enrolment as these might affect your Student Loan and/or Student Allowance.

What is the difference between a student loan and student allowance?

Student loan

A Student Loan can be used to finance your study.  Student Loans may pay fees.  For full-time students, student loans may pay for course-related costs such as textbooks and may pay towards living costs.

You will need to pay back the money you borrow as soon as you start earning above the repayment threshold which is set by the Inland Revenue Department. Find out more about Student Loans.

Student allowance

A Student Allowance is a weekly payment to help you with your living expenses. You do not have to pay back a Student Allowance. You may also be eligible for an accommodation benefit to help cover your accommodation costs. Find out more about Student Allowances.

Contact Studylink or phone 0800 88 99 00.